Current account balance — all countries

Current account balance — Southern Africa

Current account balance in Southern Africa in 2031 — -2.15%. Since 1980, the indicator has fallen by 5.41 pp.

2031 -2.15% −0.02 pp vs 2030
World rank
Period maximum 6.02%1987
Period minimum -5.83%1981

Trend over time

1980–2031 · % of GDP

Current account balance — Southern Africa, 1980–2031-10-5051019801986199219982004201020162022202820311980: 3.26%1981: -5.83%1982: -4.04%1983: -0.41%1984: -2.1%1985: 3.78%1986: 4.05%1987: 6.02%1988: 2.74%1989: 1.92%1990: 1.31%1991: 1.09%1992: 1.25%1993: 2.04%1994: 0.15%1995: -1.26%1996: -0.74%1997: -0.92%1998: -1.34%1999: -0.18%2000: 0.3%2001: 0.64%2002: 1.05%2003: -0.16%2004: -1.99%2005: -1.99%2006: -2.78%2007: -3.73%2008: -4.6%2009: -2.64%2010: -1.64%2011: -2.21%2012: -4.79%2013: -4.91%2014: -4.19%2015: -4.18%2016: -2.6%2017: -2.09%2018: -2.77%2019: -2.7%2020: 1.59%2021: 3%2022: -0.75%2023: -1.36%2024: -1.22%2025: -0.74%2026: -1.45%2027: -1.81%2028: -2%2029: -2.05%2030: -2.13%2031: -2.15%
Change over the period: −5.41 pp Annual average: -0.11 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Southern Africa

Southern Africa -2.15%
World computed 0.28%
Current account balance — Southern Africa, by year Southern Africa All countries CSV XLSX
Year % Change, pp
2031 -2.15 −0.02 pp
2030 -2.13 −0.08 pp
2029 -2.05 −0.05 pp
2028 -2 −0.19 pp
2027 -1.81 −0.35 pp
2026 -1.45 −0.71 pp
2025 -0.74 +0.48 pp
2024 -1.22 +0.14 pp
2023 -1.36 −0.6 pp
2022 -0.75 −3.76 pp
2021 3 +1.41 pp
2020 1.59 +4.28 pp
2019 -2.7 +0.08 pp
2018 -2.77 −0.68 pp
2017 -2.09 +0.51 pp
2016 -2.6 +1.58 pp
2015 -4.18 +0.01 pp
2014 -4.19 +0.72 pp
2013 -4.91 −0.13 pp
2012 -4.79 −2.57 pp
2011 -2.21 −0.58 pp
2010 -1.64 +1.01 pp
2009 -2.64 +1.96 pp
2008 -4.6 −0.87 pp
2007 -3.73 −0.95 pp
2006 -2.78 −0.79 pp
2005 -1.99 −0 pp
2004 -1.99 −1.83 pp
2003 -0.16 −1.21 pp
2002 1.05 +0.41 pp
2001 0.64 +0.33 pp
2000 0.3 +0.49 pp
1999 -0.18 +1.16 pp
1998 -1.34 −0.42 pp
1997 -0.92 −0.18 pp
1996 -0.74 +0.52 pp
1995 -1.26 −1.41 pp
1994 0.15 −1.89 pp
1993 2.04 +0.79 pp
1992 1.25 +0.16 pp
1991 1.09 −0.22 pp
1990 1.31 −0.61 pp
1989 1.92 −0.82 pp
1988 2.74 −3.28 pp
1987 6.02 +1.97 pp
1986 4.05 +0.26 pp
1985 3.78 +5.89 pp
1984 -2.1 −1.7 pp
1983 -0.41 +3.64 pp
1982 -4.04 +1.78 pp
1981 -5.83 −9.09 pp
1980 3.26

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.